WisdomTree has launched a new ETP tracking the CoinDesk 20, an index of the world’s 20 largest digital assets.
Since it was created in January last year, the index has generated a 76.7% return and seen trading volumes of over $14bn (£11.1bn) as investors flock to the asset class.
Alexis Marinof, head of Europe at WisdomTree, said the need for a crypto product became apparent after a survey the company performed in November found that 40% of professional investors sought to increase their exposure to digital assets in 2025.
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“Investors are familiar with using ETFs and ETPs to track established benchmarks, yet until today it has not been possible to track the world’s most traded crypto index,” he said.
“This ETP provides a highly diversified entry point into the crypto ecosystem, further democratising access to a historically difficult part of the market to get exposure to.”
The new CoinDesk 20 tracker aims to give “simple, secure and cost-efficient” exposure to the asset class for investors who don’t want to select individual assets. It launches today for an ongoing charge of 0.70%.
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Bitcoin is the largest holding in the fund, representing over a quarter (27.4%) of the index. The top five holdings – which include Ripple, Etherum, Solana and Cardano – account for 82% of the index.
WisdomTree created products tracking some of these leading cryptocurrencies last May with the launch of its Physical Bitcoin and Physical Ethereum ETPs, but this new tracker provides a more diversified exposure to the asset class.
Dovile Silenskyte, director of digital assets research at WisdomTree, said the firm anticipates institutional investors to further embrace cryptocurrencies in the years ahead, highlighting the need for more products providing exposure.
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“As innovation progresses, regulatory frameworks evolve, and adoption grows steadily, the environment appears increasingly supportive of this asset class,” he said.
“The changing macroeconomic environment may further enhance this outlook, creating conditions that could benefit the cryptocurrency market, including coins beyond bitcoin and ether.”
This story was written by our sister title, Portfolio Adviser
